It seems like everyone’s got an opinion on oil these days. Some people think oil is heading to $40 while others are of the opinion that the sell-off has been too harsh and prices should rebound rapidly. Sorry to disappoint but I don’t fall into either camp. Here are my thoughts on crude oil in… Continue Reading
Science has a new piece out on Afghanistan’s mining potential. Read: Mother of all lodes (behind paywall) According to the article, the US Department of Defence has the country’s mineral wealth tapped at $908 billion. The Afghans prefer the figure of $3 trillion. That bounty is a product of a tortured tectonic history: Afghanistan is an amalgam… Continue Reading
Everyone knows that Iraq is an important oil producing country. But Iraq is more than just important, it is critical. Iraq is so important that in October of 2012 the International Energy Agency (IEA) released a report called “World Energy Special Outlook On Iraq”. In that report the IEA concluded that in 2035 oil prices… Continue Reading
With gold set for its first annual decline since the year 2000, Goldman Sachs, the outspoken pessimist of the gold markets, put out a report summarizing their expectations for third quarter earnings. The focus of the piece was Europe, Middle East and Africa (EMEA) gold miners and was titled “3Q earnings previews: Lower gold price… Continue Reading
Lundin Group company, ShaMaran Petroleum (SNM:TSX), received good news on the development of its Atrush block located in the Kurdistan region of Iraq. The company and its partners received approval from the Kurdistan regional government for the first phase of development there. This approval allows for a 25-year development license which allows SNM, TAQA and… Continue Reading
Worth an estimated $27 billion, the enigmatic Prince Alwaleed bin Talal has very public holdings: he is the second-largest voting shareholder in News Corp., he owns Paris’s George V hotel and part of New York City’s Plaza hotel, he is a major stockholder in Apple, and he will soon own the world’s tallest building. But… Continue Reading
New interview/profile of King Abdullah of Jordan | The Atlantic by Jeffrey Goldberg
Recently we sat down with Amir Adnani, CEO of Uranium Energy Corp. ($UEC), an American uranium mining company, for a conversation on the nuclear industry eighteen months after the catastrophe at Fukushima which devastated both Japan and most uranium miners’ share prices. One of the most critical issues we discussed in our interview was the… Continue Reading
“Harks to a unique sense of the past, its own vision of the future.” Source: National Geographic Archive. You might also be interested in: Explore the Pyramids
